CorSerastate that the two clubs will put a combined €1.23billion into the construction of the stadium and the project to gentrify the area around it.

The investment will come in the form of a loan at 5% interest, which will cover 90% of the total costs which are spread over 30 years.

Of this, €564m will go towards the new stadium – which is then broken down into €2.7m for reclaiming certain bits of land, €204m for the ‘base structure’, €80m in construction costs and €48m in other costs such as seats.

Then, a further €472m will help build a new multi-functional facility around the stadium, including €25m on a hotel, €106m in office space and a €135m shopping centre.

Finally, €43m of the loan will go towards knocking down the current San Siro.

In addition, the report adds that the stadium when completed will generate €124m, and will be paid off in 32 years.